Mixed-Use Property with
For Sale
$475,000
435 River Street, Manistee, MI 49660
Commercial Sale, Manistee, MI
Property Size6,556 SF
Lot Size0.07 Acres
Price / SF$72.45
Days on Market89
Property Features for 435 River Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 4, Basement, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 5
Elementary school district
Manistee
Middle school district
Manistee
High school district
Manistee
Directions
US 31 to River st turn west to property
Standard status
Active
APN
51-349-705-02
Size
6,556 SF
Lot size
0.07 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2025
Tax Description
pt of
Legal Description
pt of
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1893
Floors in Building
2
Number of units
5
Building materials
Brick
Roof type
Rubber
Buildings
1
Listing Agency:
Dwelling Realty - KW Northern Michigan
(231) 887-4455
Listed By:
Jim Beaudrie
(231) 510-9142
Added: Aug 1
Changed: Oct 27
Last Checked: Oct 28 at 10:06PM
MLS# 26040332
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick mixed-use property combines a ground-floor retail area, four apartments above, and a basement. The apartments include three one-bedroom units and one two-bedroom unit. The retail space is currently used for an upholstery business. Electrical, plumbing, flooring, and roofing have been updated in recent years. The building, constructed in 1893, has forced-air heating and central air conditioning.
Key Highlights
- Four apartments: three one‑bedroom units and one two‑bedroom unit
- Retail space currently occupied by an upholstery business
- Basement provides additional storage or work area
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
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Business Placement
Demographics for 49660, MI
14,134
Population
7,744
Households
1.8
Avg Household Size
49
Median Age
24%
College-Educated
90%
High-School Grad
171.4 sq mi
ZIP Area
82
Density / Sq Mi
$62,211
Median Household Income
$35,772
Median Earnings
$787
Median Rent
$170,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level retail space is paired with four upstairs apartments and a basement.
Where is this mixed-use property located?
The property is located at 435 River Street Manistee, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four apartments: three one‑bedroom units and one two‑bedroom unit; Retail space currently occupied by an upholstery business; Basement provides additional storage or work area
